SolArc, an innovative, market-focused software company with a proven solution that streamlines and automates the jet fuel supply chain, announced today that Northwest Airlines will implement SolArc RightAngle for managing the jet fuel supply, logistics, accounting and price hedging for their domestic and international operations. Northwest Airlines will use SolArc RightAngle to manage jet fuel procurement, taxes, inventory, and automated payables matching integrated with IATA InvoiceWorks. A major goal of the initiative is to consolidate information systems and implement best practices for managing the fuel spend.
"NWA requires a jet fuel management system that consolidates all aspects of our jet fuel supply chain into one platform so that we can continue to achieve a competitive advantage in our fuel supply operations, said David Zanussi, Director of Fuel Management. "We expect to create a streamlined information rich environment to improve the management of the jet fuel cost components, including taxes and financial derivatives.
Brad Anderson, CEO of SolArc, said, "Our passion is helping our customers operate more efficiently. Being entrusted with this responsibility by Northwest, a company with a solid reputation of innovation and customer satisfaction is very meaningful. We appreciate the endorsement and look forward to a long relationship.
About Northwest Airlines
Northwest Airlines is one of the world's largest airlines with hubs at Detroit, Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam, and approximately 1,400 daily departures. Northwest is a member of SkyTeam, an airline alliance that offers customers one of the world's most extensive global networks. Northwest and its travel partners serve more than 1,000 cities in excess of 160 countries on six continents.
About SolArc
SolArc, Inc. is an innovative, market-focused software company that dramatically improves performance of commodity-intensive businesses. Since 1991, SolArc has built a strong customer reference base with industry leading companies such as, United Airlines, ConocoPhillips, Chevron, Merrill Lynch, Virgin Atlantic and Southwest Airlines.
SolArc ensures total customer trust with successful implementations and dedicated employees with years of commodity experience and a thorough understanding of business objectives.
Headquartered in Houston, SolArc also has offices in Tulsa, London, Singapore, Beijing, and Hong Kong. For more information on SolArc's products, visit www.solarc.com.
